Big Business and Industry

What was one result of rapid industrialization and urbanization?

• Farming became more popular.

• People quit their city jobs and moved to the country.

• Cities became overcrowded.

• More farms were built.

Which entrepreneur created the Pittsburgh Steel Monopoly

• Labor Unions

• John D. Rockefeller

• Andrew Carnegie

• Albert Einstein

Who had the Oil Industry monopoly?

• J.P. Morgan

• John D. Rockefeller

• Teddy Roosevelt

• Andrew Carnegie

Which of the following is NOT an example of a monopoly?

• Andrew Carnegie owned the steel companies.

• John D. Rockefeller owned the oil companies.

• Cornelius Vanderbilt owned the railroad companies

• Union Pacific Railroad owned one of the railroads.

The rise of big business meant most people worked at _____.

• farms

• plantations

• factories

• churches

__________ is relating to the country.

• Urban

• Cities

• Municipal

• Rural

________ is relating to the city.

• Rural

• Urban

• Country

• Agricultural

This is another word for monopoly

• Trust
• Corporation
• Merger
• Subsidiary

This is a term for when one company controls the majority of an industry

• Monopoly
• Merger
• Corporation
• Company

 How did Railroads impact the economy during this time?

• Moved raw materials (steel, lumber, coal) to factories 
• Used to make artillery and weapons
• Provided money for other industries
• Materials were more expensive and quicker to ship